Skip to main content

About your Search

20121224
20130101
STATION
FBC 104
LANGUAGE
English 104
Search Results 0 to 49 of about 104 (some duplicates have been removed)
done them from darn near a century. these don't look so bad. like it or not, the majority of americans believe that global warming is an issue. we nd to develop clear energy sources. fossil fuels may be a difficult problem. we are subsidizing thingings. it is cheaper to produce energy from natural gas. it is a subsidies. other than it is natural gas there. it is 63 cents compared to $53. that is not a pay off to me. >> i will have to disagree with rick. last time wind energy had any impact was in the century. we have moved in oil and natural gas. but let's get rid of subsidies and lethem sink or swim. wind energy will sink and we'l be better off. it is bhathe sector we'll pour billions into it >> the wind farms are kind of methadone clinic. we'll reenact the two percent . part of the bargain let's get america off of a far more dangerous drug than corn or ethanoyl. it hurts food shoppers and tears up the inside of the engine. >> two wrongs don't make a right. what john was referring to was windmills in places like norway. >> and holland. >> and what is happening the wind sector took off
. listen, dagen, obviously, we know-- actually we don't know, but it's to nancy pelosi's point we're going find out and i hope we like it. a lot of taxes associated with obamacare. you mentioned the medical device ise, a l of these companies, by the way, medical device comnies have been laying off worrs right now. and that is, if this impacts, by the way, everyone, takes away from research and development, which will take away from life saving innovation and it's just, again, the very tip of the iceberg. ultimately, there's going to be ahole lot of taxes that just opens the gate for. this is just the beginning. >> ben, even if you look at action taken by the mical device makers, there's already damage that's been done by the tax increases built into this health care law, has it got? >> well, the damage is built in, but on the other hand good built into, too. there are people who are very poor who won't be able toet healthnsurance a not very, between medicaid and middle class and we'll be able to get health insurance, or some, overall, obviously, i don't ke the bill. i don't think any sens
and figure out a way to make sure that those who are being treated for mental health problems don't have access to firearms, until we wrestle with the very complicated problems of privacy, particularly with regard to medical conditions, now they're focusingn guns and gun regulations, but unless we look holistic we unfortunately this pattern will probably repeat itself. lou: the characteristics you were talking about also are an analog for laughter, the gunman in tucson and appear at least some of those characteristics to appear in this tragedy in new town connecticut. so little discussion from one event to the next try to understand the psychology, the context, and the public policy can this that is relevant, and rare looking at what has been over the course of the last 50 years, an extraordinary series of public policy decisions where it comes to mental health, as you weel know in this country. many of them a travesty and for which we are paying very, very high price indeed. sadly, again, shows such as yours and others that have always tough fashion the discussion, it really needs to be
are in survival mode. they don't know what the future's going to be like. they can't get access to capital. customers are scared to death. we are doing stupid thing like converting corn to fuel, we are sitting on great oil reserves, natural gas, doing nothing with it. we are building solar plants in the west. it is the stupidest thing i've ever heard in my life. neil: i am going to hold you down to a maybe on green energy. [laughter] you have been a bipartisan on pitol hill. wasting time as we pile $4 billion of debt every day. they are waiting for november for some closure. when you think happens when? >> the most dangerous thing in the world is a lame-duck session. they cram every bill with junk. so if you don't have the money, don't spend it. we have to retreat and backup away from this and try to get our priorities in line. if this was a business, we would fire the president can fire the ceo because he dooesn't know how to generate a profit or engage people to solve problems. neil: is that the president order is keep bashing capitalism? do they go to bar the other way? >> i think that
find out, what led you don't this path to where there were aliases in a cloak and dagger about the way they used other outside e-mail addresses? >> tom, it was due to the persist stance of my colleague at cei, chris horner, with a series of freedom of information requests, and a lawsuit. discovered that lisa jackson was concealing the public's business under an e-mail account in her name for that account was richard windsor. no freedom of information act request had until we discovered that account, had they ever searched her private e-mail accounts that she was using for public business. essentially he is was evading federal law -- she was evading federal law by concealing what should be open and transparent deliberations overall these extremely expensive rules that the epa has been firsting on our economy. tom: nobody likes washington covering up anything but there are published wants that maybe he is is not the first baby -- she is not the first, and maybe carroll browner was involved in this, this may have gone on in bush administration, bush 43. is this -- do you know anything ab
of you shouldn't vote. because o some of you don't know much. >> do you know who this is? >> looks like will ferrell. john: do you both? maybe you shouldn't if you don't know who these people are. >speaker you are correct. john: your instinct is probably wrong. that's our show tonight. >> and now, john stossel. [applauding] john: what does your brain tl you that america should do about our problem? we have plenty. a lot of people are poor. we should spread the wealth around. i hear busesses raise prices and gouge people. foreigners sneak into america and take american jobs, there ought to be a law, government ought to do something. that's just the way pple think, it's instinct. i have to admit how i used to think, took me decades to realize i was wrong, passing a law often does more harm than good. and progress comes from millions of individuals acting to make themselves better off guided by an invisible hand that inadvertently helps others. not to viewers of the "stossel" show, but to normal people. when there is a problem, government should address it. my next guest says they know wha
your health express yourself. if you're angry, let it all out. don't hold the pack. expressing your emotions could be just the key to that enjoyed a long and healthy life. that's my "2 cents more." thanks for joining is. don't forget to record the show if you cannot catch us live. have a great night and will see you tomorrow. ♪ lou: good evening. the pounding, deafening drumbeat for gun control is rising. emanating principally from washington, the present, and members of his party in congress the tragedy at santee elementary school in loudobbs@foxbusiness.com connecticut provoking calls for solutions and prevention of such budget. >> are we really prepared to say that we are powerless in the face of such carnage? that the politics are too hard. now we prepared to say that such violence visited on our children year after year after year is somehow the price of our freedom? lou: several democratic lawmakers echoing the president's statements within all the hours of that shooting in pushing for a new second amendment of chechen. the senate's number two democrat says congressional hea
to the house floor for a vote. we don't have confirmmation he will do that, it could be as early as tomorrow morning assuming the senate acts, at which point we pass it to get it on the president's desk by the end of the day tomorrow. adam: it doesn't include any of the spending cuts that republicans have been adamant about getting. spending out of control. democrats and republicans agree upon that. how does speaker boehner rally members of his caucus who did not rally behind him about a week ago if there are no spending cuts? >> a couple of things. remember the sequestration still takes effect because we didn't act to change that. those are spending cuts. those are hundreds of billions of dollars of spending cuts. republicans don't like the way those cuts come down but they're real cuts. assuming we don't deal with that, you have the debt ceiling coming up. speaker boehner really didn't have any leverage with regard to what we're ing right now with the fiscal cliff but he has a lot of leverage with the debt ceiling. i hope he doesn't choose to use it by leveraging the futh, faith and credit
their world apart. but we don't care. because it is making us rich. >> that's right. every year congress gives the fossil fuel industry over $10billion in subsidies. that is your tax dollars lining our pockets, making a fortune, devoiding your kid's future. at exxon that is what we call good business. melissa: joining me now in a fox business exclusive is the executive director of oil change international. it is one of the groups behind the ad. steve, welcome to the show. >> thanks so much for having me. melissa: i understand that this is a parody and it is meant to start the discussion and that's why we're having you on tonight and i'm going to rise right to the bait and tell you as a mom of small kids and someone who follows industry closely i'm totally offended how disingenuous the words in your ad are. let's start with some of them. you say congress gives the fossil fuel industries, 10 dal billion your subsidies? no they're not. they're exxon hard-earned profit. not giving them to the government to feed the beast that keeps spending and spending our money. instead they're allowed to hang o
and this makes us richard? >> people don't get that. one could argue the uniforms were not manufactured in china, but grown in the soybean market and i was. they get better wages we have lower prices. john: if made in america of people would be poor. another myth. overpopulation. asia is four. africa is for. >> the problem is not there are too many people but they don't have fried government's. look at the population data. i hear about nigeria because of of -- overpopulation. they have 174 people per square mile. that is half of the netherlands and they are rich. one-tenth of hongkong and singapore and they are really which. >> the resource is the mind. john: more people more brains. >> more people closer together means more conversations. john: i have been told we're running out of fuel. jimmy carter said that. it would have been within the next decade, 30 years ago. >> that implies a prices should be rising. of decades oil has been getting cheaper and cheaper. even if it does get cheaper people look for a substitute. they keep inventing new ways to take more oil. have much more stores of oil t
not for this hit. can i tell you some things going on behind me today? >> no, don't have time, sorry. that's the way it is. >> i was going to tell you about the drunken revellers and their bathroom experiences, i guess you don't want to know. stuart: you should hear what they're saying, no more drunken revellers, no time. wrap up, keep warm, young lady, i mean it. >> thank you very much happy new year to you. stuart: happy new year to you, lauren. and on thursday, president obama signed an executive order that ends a pay freeze for congress and federal workers that is. as our march this coming here, federal employees will see 1/2% to 1% pay increase and get this, 535 members of congress will also get a raise. so, federal workers, 2 million of them already earn more than the rest of us, they get more. and congress, totally failing to do its job, will also get a raise. about 900 bucks each. do they deserve it? according to the latest rasmussen poll you say, oh, no, scott rasmussen joins us now. all right, scott, i've seen the numbers, 5% think that congress is doing a good or excellent job.
a billion hits? this is awesome how many people are watching this. fantastic. social media. >> they don't make money selling cds anymore. evendown loads from itunes. it is all about the, wow, can't talk. melissa: if i could only get a sliver of those people to buy my book i would be all set. >> everyone bought it. melissa: it is doing well but not a billion people. not a billion people. all right. that's all the "money" we have got for you today. we'll see you back here tomorrow gerri: hello, everybody, i'm gerri willis. one of the big issues congress is promising to tackle is immigration. congress passed the jobs act replaces green card lottery to permanent visas to those with doctorates in science, technology, engineering and math. two outgoing republican senators introducing legislation granting residence to those bought in the country illegally. though call it the achieve act, similar to the d.r.e.a.m. act. i spoke to one. bill's cosponsors, senator kay bailey hutchison. welcome to you here. how is your legislation different than the d.r.e.a.m. act? >> our legislation gives legal st
they are illegal because their parents brought them here before they were 14 years old. but we don't go into a citizenship track. we allow them to get in line behind the people who have been lawful and waited in line. so we don't give them a preference in line but we do give them a legal status and we don't prohibit them from getting in line if they choose to go the citizenship route. gerri: senator, what do you have to have to be able to be part of the program as you're defining it? >> you have to be under 14 when you came here and you have to be under 28 now. you can serve four years in the military or, you can have six years in which to get some kind of job training or degree. it can be college degree of course or a technical degree, vocational degree, something that gives you a skill and then, fro that point you would get al second visa that would allow you to work for four years and then have the ability to stay here as long as you want to and abide by the law. gerri: i want to ask you why it is important to have this legislation. one of the issues of course in the wake of the elec
, with a $250 billion and the problem is solved. gerri: i don't see that exactly. [talking over each other] [talking over each other] >> can you imagine? can you imagine lyndon johnson sitting on the sidelines while something like this was going on? gerri: i cannot imagine lyndon johnson going anywhere but washington and sitting there, quite frankly. something that is new out this afternoon, senior administration officials in hawaii, saying that it up the gop. that gop leaders should not stand in way of coming to resolution of the fiscal debt crisis. what do you say to that? let me tell you, a lot of finger-pointing is continuing, and i'm not seeing any resolution. i don't think anyone else's either. >> speaker boehner had planned be on the floor last week. then he pulled it. he had 200 votes probably. had steny come to him and said we have democrats that would vote with you, the problem would have been over. do you think lyndon johnson would've been on the phone, had it been in the ring last week? of course he went. ronald reagan would've done the same thing. he recalled his spokesman sai
healthier up nearly 77%. and here's one that we don't often talk about, it's the tur. what is it? this is a turkey market etf, david, up more than 61%. david: turkey did pretty well. i'm glad they didn't part of your financials and consumer discretionary were the best performing sectors for the year. utilities were the only sector, though, ending in the red for 2012. liz: and finally, for the year the dow jones industrials with the 30 stocks many of you own in your portfolios up 7.3%. s&p, nice move here, 13.4%. the russell up 14.6%, the big winner for the year, you see it on the screen, the nasdaq up 15.9%. not bad at all. all eyes on the approaching fiscal cliff with just under eight hours left to make a deal. we've got you covered from capitol hill, we're going to be speaking live with congressmen from both sides of the aisle, representative tim hulz camp, mick mulvaney and dennis kucinich. david: also wilbur ross, chairman and ceo of -- [inaudible] and the former chairman of the white house council of economic advisers. i tell you, we get the prime guests right here. ed lazea
don't want them going over the cliff so to speak, you want to protect them. well, that was, i argued back in the 1960's, remember when people were sit inning in the universities, a nonnegotiatable demand. a thing called nonnegotiatable demand and that was society and people became more self-righteous and self-directed rather than understanding we had to operate within certain rules. i do think it has infected washington. i mean, i would call president obama one of the most self-righteous presidents we've ever had. david: president reagan, for example, stood for concrete things and didn't bend on the principles, because they had the guardrails that allowed them, it made it easier to negotiate with people they disagreed with. for example, tip o'neill, the democrat made a deal for the huge change in our tax structure. there seems no possibility of a deal like that being made now. >> well, the republicans clearly feel that they've been disadvantaged by president obama and they actually, i don't think, trust him or the democrats anymore because of the experience they went through with the
that aren't need to be required to do so. we need to improve the public oversight. right now they don't have to comply with our foundational safeguards, david. like the clean water act. safe drinking water. that needs to be changed so that all of these companies are fracking in the most responsible way possible. >> let me put a fine point on this. bob dean from the nrcd action fund is willing to go along with helping the chinese develop their natural gas reserves so that they don't become too dependent on coal. i think that's news. >> what we're trying to do is to encourage the chinese to promote all kinds of clean technology. we've had an office in beijing since 1995 and 30, 35 people there, we have good contacts in the government. good contacts in the business community and we're making a difference there, but what it's about, is helping the chinese to improve their efficiency. david, their industrial efficiency is improved by two-thirds since 1980, but they're still 15 to 20% behind where they need to be. they are he going to get there in the next-- >> let's be realistic, you're comparing
years ago. i don't know about you, listening to the folks that pushed us to the brink of the fiscal cliff. a little hard to take him at his neck? that's my "two cents more". that's it for tonight "willis report." thank you for joining us. don't forget to tape the show. if you can't testify. have a great night moments ago, president obama saying he still has hope. >> i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such anagreement as we speak. >> and as we speak, rich edson is live in washington with the very latest. >> well, it's up to the senate. staffers and a majority leader harry reid, minority leader mitch mcconnell are trying to negotiate a scaled-down debt deal to avoid some of the fiscal cliff and take other major decisions on taxes and spending to the future. again, in an afternoon white house meeting president obama pitch a debt plan he had outlined a week ago, prevent a tax increase for income of less than to an effective thousand dollars per year and extend long-term unemployment bene
floor? 2013 and directed 2014. melissa: i don't like the sound of that at all. >> of the people want to skip 2016. melissa: a the you're going to stay silent. merry christmas. merry christmas to everyone out there. kids, i'm on my way. that's all the "money" we have for you tonight. merry christmas, everyone. ♪ ams backhaul speech he'll hello, everyone. i am gerri willis. it has been a tumultuous year for the markets.nd of so much uncertainty for tax policy in washington. somenalyststhe election itself. analysts predicting gains for ps 2016, as 14% o much as 20% in te markets. 14%. it is not working for me today. ink wouldout e scott, i can't say your name and utock market together. to tabo but i am going to get you to talk about santa claus. will we have a true santa claus rally? >> listen, think it'll b it wile tough to get one this year. i think there will be a lot of repositioning in portfolios coming toward the end of the year. a people are getting very nervous about the fiscal cliff. i was on the show a couple of weeks ago whe and i was not a tn concerned because i thought we
members. it was put in place three years ago. i don't know about you, listening to the folks that pushed us to the brink of the fiscal cliff. a little hard to take him at his neck? that's my "two cents more". that's it for tonight "willis report." thank you for joining us. don't forget to tape the show. if you can't testify. have a great night speak you can ev come everybody. a state department report leaves more questions than answers on why the united states failed to act on the diplomatic mission in libya on the 11th of september. the lack of security at the benghazi compound, senator jim frisch that the obama administration fell short in more than one respect and had more than enough time talk about when it began. here's a recent senate foreign relation hearing with twos top state officials. >> i look at those people streaming through the front te in benghazi. that wouldn't have taken that much to stop that attack, if indeed they would have responded to immediately. again, you are looking at film, and i understand it's a lot more sterile than actually being there on the ground of the
, if they don't do a deal, what can the average american, expect as far as tax increases? >> the average american could and not up and down the income sale. bush tax cuts created lower tax brackets for lower income americans, so up and down you would see specific tax increases not just on wealthier americans. >> and this doesn't have to do anything with to do with fiscal cliff but there is news on hillary clinton? >> doctors have discovered a blood clot stemming from a concussion she sustained several weeks ago they are monitoring the medication they are over the next couple of days. >> i guess she won't be testifying in front of any senate committees. rich, live for us. we'll check in with you at 9:00 p.m. and update you on behind the scene negotiations. we're going to update how asian markets are trading with no deal here in the united states. so until 9:00 p.m. have a great day. you'd you would think that you'd want to havewa assets available within a certain distance of, bt places. but there is no sign anywhere that we would ask any help fromo neighboring countries, anyone else in th
. >> we don't know if that is the specifically the offer on the table. it started at president's opening offer 250. you could see a pathway forward to raise the threshold up to 400, $500,000 a year, any amounts below that don't get tax increase. any amounts above that get tax increase. end of the year fixes preventing medicare doctors getting large pay cut. amt fix, prevents millions of americans paying the amt reform kick that to next year. that is sort of the path aides were seeing some variation yeah that could actually pass the house or senate. whether that was specifically discussed here or on the table we don't know that. adam: rich, stay there. i want to bring in a few of our guests to talk more about this. for more on the shock wave of the developments, let's bring in dan cato, cato institute and rick unger. rick, let me start with you, are we optomistic both sides moved the discussion forward or is that a fancy way of saying they moved it forward and are ignoring each other. >> i say in a word no. i'm not feeling it. there is little reason to believe we'll see something small or
. >> i hope they just don't watch the show. neil: that will do it, thank you for watching. be prosperous and safe and be loved. goodnight. kids, i'm on my way. that's all the "money" we have for you tonight. merry christmas, everyone. ♪ pass backhaul gerri: hello, everybody, i am gerri willis. it has been a tumultuous year for the markets. weak economic growth, and of course the election itself. some analysts picking games 2013 as much as 14% of the market and others lost as much as 14%. it is not working for me today. i think we should talk about else.i'g i will get to talk about a santa claus rally. ral is there a santa claus rally?ra will we have a true santa claus rally? >> listen, think it'll b it wile tough to get one this year. i think there will be a lot of repositioning in portfolios coming toward the end of the year. a people are getting very nervous about the fiscal cliff. i was on the show a couple of weeks ago whe and i was not a tn concerned because i thought we would get a deal done.al it is starting to hurt people.ut a good call by you. frankly, gerri, that is what will
level of risk. if you're at low risk investor don't want to do a lot of homework, etf o are the way to . it would probably be a good way to play it. if you want to do more homework and insight into where you think companies spend money, where we try to put all of our technology pics on the business side, we would buy something like intel and to individual stocks in that area. shibani: something i have been hearing a lot about as we get closer and closer to the fiscal cliff, the r. word, recession. is that something that traders are taught about once again as a headline, as a risk to take me prevent for the end of the year and going into 2013? >> i don't think the recession issue is such a big deal on the trading floor and certainly not hearing guys back your talk about it. trading edible multiple. the big talk is this near-term uncertainty is really the only pop in what we think will be relatively slow 2013. if you look at kind of the last four or five years, volatility and think is very super cool. we are coming out of a very volatile period. the next reel. the volatility, this wil
on monday, does that add any kind of motivation they need to get their act together in washington? >> i don't know. i think it might just add a little skepticism. you remember when we went through this at 2011. they had various dates, finally months into it in august they said this is the real deadline. knowing the treasury and president obama have been wanting to get a debt ceiling increase along with the fiscal cliff deal i think some lawmakers will be skeptical whether next week is really the drop-dead date. adam: it sound a littleit conspiratorial perhaps. lindsey, let me go back to you. fiscal cliff will be only thing we talk about until they go over or we get a deal. what are the chances do we get a deal? will they go over? >> less hand 50% chance at best. remember the president doesn't really have any motivation to concede to a deal unless he can tell his base he was able to raise taxes on the rich. on flipside the republicans will not concede to a deal unless they were able to tell their base they were able to make a discern isable dent in spending. both side are too far apart and t
to fix it. we have some great ideas to fix the fiscal cliff blues. try flying first class and don't pay for it. welcome to "the willis report." hello, everybody. i am gerri willis. tonight congress is pushing america up a fiscal cliff of its own making. president obama and the senate back in washington today trying to get some kind of a deal done, that is what they say, but nothing will likely come in time. harry reid spent the day moaning about how bad of a speaker john boehner is good the house is set to return sunday afternoon just one day before the end of the year. nearly 90% of americans will be hit with $500 billion in tax hikes and spending cuts. as we head off a cliff, what can you and your family expect come january 2? president of the american action reform joins me now. so, windows narrowing, what can we expect from here? >> if we literally go on autopilot and they fail to change course, i am worried about the economy. some sharp equity market attractions, consumer confidence has already begun, lots and lots of notices sent out, layoffs scaring people to death. this is not a
, the president is still the president. why she we expect anything to change. >> i don't expect anythg to change. the reality is you have the same people. there very blunt, competent, dishonest, lying to the american public for a long time, promising things they know they cannot deliver. our children grandchildren will pay the prce. maybe sooner, but the bottom line is you are dealing with people who care about themselves to maintainng power. >> i think they care abut the 1%. they increase the taxes on those made for under thousand and above, less than 1%. and the republicans are holding the country hostage. they rejected that. tom: will that tax solve the deficit spending? >> it will if you include 2%, 250,000 for couples, 200,000 for individuals and above. you start taxing capital gains and dividends, reinstate that and get rid of $109 billion in corpate xes every year. you're looking it over $300 billion. ." tom: upside-down by trillion closet -- a trillion dollars. not even close to fixing the deficit snding. still adding to the debt under republican and democrat programs >> this kind of cla
in a different way. >> perhaps we don't need as many guns, available. lou: to be clear, that is your politics. >> it is plen tal gun perspecti. your comments now. doug wrote to say both parties, a disgraceful farce shame on us and the media to allow them to continue the scams unchallenged. gary says "more stone walling on ben gi sai? we'll never know the truth, will we?" i think we will. it may take time, but we will. that moments ago, president obama saying he still has hope. >> i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. >> and as we speak, rich edson is live in washington with the very latest. >> well, it's up to the senate. staffers and a majority leader harry reid, minority leader mitch mcconnell are trying to negotiate a scaled-down debt deal to avoid some of the fiscal cliff and take other major decisions on taxes and spending to the future. again, in an afternoon white house meeting president obama pitch a debt plan he had outlined a week ago, prevent a tax increa
right. most people don't focus on the fact that there were two deaths almost immediately, and the other to the died died about seven hours later. it is hard for me to understand that they weren't able to get help.le lou: there are a couple of discrete judgments to be made. mike mullen, he testified that s there was no way for the military to respond to the these confrontation of theseterrorts terrorist. neither the nx or the consulatey do you concur? >> welcome gets back to the boy. scout motto is be prepared. you'd you would think that you'd want to havewa assets avaible within a certain distance of, bt places. but there is no sign anywhere that we would ask any help fromo neighboring countries, anyone else in the vicinity to help us at that time. haveut these peope in this situation ,-com,-com ma they have failed to connect the dots and failed to anticipate what was happening and once the attack began, there was something they could do immediately, but have they responded immediately, might have prented the death that occurred seven hours lat. lou: it is interesting to me that those w
footing. so i think generally we have got clear sailing for 2013. i don't think the market is going to skyrocket. i just don't think we're going to see the wild swings that we have seen the last couple of years. david: david, let me challenge you on that a little bit. tim, we will get to you in a second. you say most of the bad news is behind us, but what if we don't have a deal, and that's still a possibility, we go off the fiscal cliff and as most economists think, we go into a recession. i mean a recession is not priced into this market, is it? >> i think so. david: really? hold on a second, the last time we had a recession the dow went down. >> i don't think there's really many things they can do in congress to avoid a very slow growth economy. whatever they do, it is not going to cause the economy to grow like crazy. i don't think the market is pricing any any kind of major reversal. david: let me be precise here. you are saying specifically that if we go into a recession, a recession, a full-blown recession is not priced into this market, correct? >> i think to be specific i d
don't think that's the way to bring it to prosperity or create more jobs or turn the economy around. >> tomorrow all the rates go up, and this is not tax cuts starting in about 13 hours or so it would have been something really easy that we could have done a month ago, simply say keep the tax rates where they are right now for everyone, you, me, everybody. keep the rates exactly where they are in in making it to the other half of this equation, the larger half. the spending side. we have to look at this and say what are we doing to our kids and grandkids, children? we are putting this burden, even with the president's proposal of higher taxes and spending on future generations. that is an immoral suggestion. >> to you think this to pass the house? >> we have to see whether it passes the senate. although they thought they reached a deal on the tax side, the rumor is that the president, just as he did earlier, continues to raise the bar as we get closer to the end game. from day one is in but the president really did not want to do this before the end of the day, before the end of the
to open up the paycheck and see less money there. i don't think that people understandhat at this point. >> people get used to tax cs, that's the problem. shoort-term expiring tax cuts, including the payroll tax cut. you know, it's not the best way to solve a problem, but th cliff is the result of not coming up with deals and they're not going to come up with battery deal, if it's negotiated it's nothe ideal way to solve it outfter deficit. we'd like t gradually raise taxes and cut spending, but this is the best we're going to get. any of the deals they would agree on, probably leave us to the other guest's pot, close to a trillion dollars anyway, and it's the closest shot leaves us with aeficit and closing this gap we can't get out of. and since they lowered taxes they raise spending and two things have to convening and one unfortunate way to do it. >> aren't we in the end, toby, go to get a bad deal? >> from the market sndpoint e want to this riding in the last moment on white horses kumbayah, i believe the last hour the last day. >> the markets have been down had a bad week, selloff.
don't think we go back into a recession, but when i talk about this, seven and $87 billion went into the economy to rescue it from the recession. now if we don't pullout $600 billion with the tax creases -- increases so that would have an adverse effect on wall street and main street. we live in a global economy. this sense verbal signals. tracy: what about signals to your stuuents? they are about to enter the job force nobody will hire any time soon. >> hiring is the key number but the good news with jobless claims they suggest the layoffs have begun to moderate. it is in the range of a healthy economy. but the bureau of labor statistics said the number of job openings available. look at those who are actively searching there's 12 people for every excuse me for every one job created for people are looking for the job. that ratio has been the same lori: unemployment is still a crisis 3-point doubt station -- but you point* out to shifting with taxes, and and entitlements going to the unemployment report next week we are accustomed at the 150,000 payroll and we are satisfied? >>
. maybe you don't need to do so much. it is based on mileage. >> wayne makes a good point about the pvacy issue. transponder tracking my mile it is big brotherish. >> it is and john makes a good argument against it it is a important policy work. it is probably a bad idea. we don't need new tax. the mileage tax could hurt fuel efficnt car it is the and questions of heavy congestionimes and it is unwoable idea and why the obama administration distanced it. >> we have a trust fund in 2013 and that is to go to the roads. it will be negative and needs a fuel tax to fund it aga. >> it is not too long. it will go native in 2015. thgas tax isaised continuously since it was enacted in the 1950s. they are paying 64 cents a gallon in taxings. why is that the only proposal. it why not freedom. there is it public as in every country but here at home la guardia. terrible airport owned by the governme. new mexico and new zealand. airports are tradod the stock exchange and hps the government and services as well >> carroll. i tell you, i use the roads in the country and i go skidding on two to school and
Search Results 0 to 49 of about 104 (some duplicates have been removed)